Carindale Property Trust (ASX:CDP) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Carindale Property Trust Forward PE Ratio Related Terms
Carindale Property Trust Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carindale Property Trust Forward PE Ratio Chart
Carindale Property Trust Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2020-06
2021-06
2025-06
Forward PE Ratio
21.23
18.94
20.66
21.14
13.40
14.64
13.78
Carindale Property Trust Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2024-12
2025-06
2025-12
Forward PE Ratio
18.12
21.23
19.19
18.94
20.66
20.66
20.53
21.14
18.02
13.40
16.64
14.64
14.09
13.78
15.86
ASX:CDP vs SPG, O, KIM: Forward PE Ratio Comparison
For the REIT - Retail subindustry, Carindale Property Trust's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Carindale Property Trust Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Carindale Property Trust's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Carindale Property Trust's Forward PE Ratio falls into.
Carindale Property Trust Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Carindale Property Trust (ASX:CDP) has a Forward PE Ratio of 15.05 as of Jul. 05, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Carindale Property Trust and its competitors. According to the industry distribution chart, Carindale Property Trust ranks #207 out of 461 companies in the REITs industry, placing it in the top 44.9%.
Is Carindale Property Trust's Forward PE Ratio too high?
Carindale Property Trust's current Forward PE Ratio is 15.05. The REITs industry median Forward PE Ratio is 16.30. Carindale Property Trust's value of 15.05 is 7.7% below this industry median. Based on the distribution chart, Carindale Property Trust ranks #207 out of 461 companies in the REITs industry, which is above the industry midpoint. Overall, Carindale Property Trust has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Forward PE Ratio compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #207 out of 461 companies for Forward PE Ratio. This puts Carindale Property Trust in the upper half of its industry. The industry median Forward PE Ratio is 16.30. Carindale Property Trust's value of 15.05 is 7.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a REITs company?
The median Forward PE Ratio among REITs companies is 16.30, based on 461 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carindale Property Trust's current Forward PE Ratio of 15.05 is 7.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Carindale Property Trust and its competitors. For the REITs industry, the median Forward PE Ratio is 16.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Forward PE Ratio is 15.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.40, compared to a current price of A$5.72 — trading 68.2% above its estimated fair value. The current Forward PE Ratio is 15.05 and 7.7% below the REITs industry median of 16.30. Carindale Property Trust's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Carindale Property Trust (ASX:CDP), the current Forward PE Ratio is 15.05 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Carindale Property Trust (ASX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued.
The current stock price of A$5.72 is trading 68.2% above its estimated GF Value™ of A$3.40.
GuruFocus considers Carindale Property Trust to be Significantly Overvalued.
Key valuation signals for ASX:CDP:
Forward PE Ratio: 15.05
GF Value™: A$3.40 vs. price of A$5.72 (68.2% above fair value)
Industry Position: 7.7% below the REITs median (#207 of 461)
No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
60GF Score
Get the complete analysis for ASX:CDP
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:CDP has been successfully added to your 